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Ethereum ICO Whale with 254,900 Tokens Nearing Dump, Deposited 23,000 ETH to CEX in the Past Week

2025.12.02 18:02:46

On December 2nd, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that an Ethereum ICO-era whale—originally holding 254,900 ETH—sold another 3,000 ETH this week (valued at $8.4 million), edging closer to a full sell-off. The OG whale has deposited a total of 23,000 ETH to exchanges over the past week. If those tokens are sold, the whale would lock in a $66.53 million profit, with an average cost basis as low as $0.31 per ETH. As of now, only 69.83 ETH remains on-chain—roughly $195,000 in value.
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